583 Holly Avenue, Saint Paul, MN 55102

Property Description

Come take a look at this fully-occupied 8-unit multifamily investment opportunity located in the Summit-University neighborhood. Tenants love the layout of these units & commonly use 3/8 units as 3 BR or 2BR+ den units (using the sun room leading to the porch as a 3rd bedroom) Each unit has its own boiler and water heater. Tenants pay ALL their own Gas (cooking & heat) - so the owner has below average utility costs. The units feature classic architectural character like high ceilings, original woodwork, built-in cabinetry, and large porches! The longer-term tenants rent below market & have opportunities to increase with pet & off-street parking income. Leases have a mix of MTM and expirations into late 2026, offering stability and flexibility for a buyer to immediately implement their own lease terms Located centrally between downtown St Paul & Minneapolis for quick commutes, nearby grocery shopping, restaurants, and nightlife. Reach out to the listing agents for more financial information and tours